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Craig Harris Carton was born on January 31, 1969, in New Rochelle, New York. In March 2019, Carton revealed that he was a victim of child sexual abuse while at a summer camp . [ 1 ] He graduated from New Rochelle High School and the S. I. Newhouse School of Public Communications at Syracuse University with a degree in broadcast journalism in 1991.
During its 10-year run, Boomer and Carton garnered strong ratings, placing first among men ages 25–54. In September 2017, Carton left the program after his arrest and subsequent charges for securities and wire fraud resulting from a ticket Ponzi scheme. The show was temporarily rebranded around Esiason while he served as the sole host.
Former sports talk radio host Craig Carton was convicted of fraud on Wednesday after he ran a multimillion-dollar fraudulent ticket-buying scam.
Carton faced up to 45 years in prison after he was convicted last November of conspiracy, wire fraud and securities fraud. Ex-WFAN host Craig Carton sentenced to 42 months for fraud conviction [Video]
Craig Carton was arrested in September 2017 and charged with operating a concert ticket Ponzi scheme. Carton then resigned from WFAN, leaving Esiason as the sole host of the show, which was rebranded The Morning Show with Boomer. [51]
The ultimate victim of a real estate Ponzi scheme mastermind, who allegedly defrauded millions of dollars from his clients, could turn out to be his own wife of 38 years. The lesson for homeowners ...
Ponzi schemes sometimes begin as legitimate investment vehicles, such as hedge funds that can easily degenerate into a Ponzi-type scheme if they unexpectedly lose money or fail to legitimately earn the returns expected. The operators fabricate false returns or produce fraudulent audit reports instead of admitting their failure to meet ...
A Ponzi scheme is a form of investment fraud in which current investors are paid from the assets that are collected from new investors. Clearly, the Ponzi scheme is an unsustainable model, as the...